Grandpa Ross won $4.5 million in a lottery. He wanted to give the money to his 4 children and 8 grandchildren. He decided that each of his children should receive a full share of the money, and each grandchild would receive a one over four share. After deducting $1.26 million in lawyers' fees and taxes, how much did Grandpa Ross give to each grandchild?



Answer :

4 children get .6075 million

8 grand children get .2025 million

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